Monday, April 14, 2008

Delta Airlines and Northwest Airlines Become One Through Global Merger



High-cost fuel, consumers'complaints or dissatisfaction, the economy's downturn and other factors cause the two companies to seek merger.

DELTA Airlines and Northwest Airlines have approved a merger deal to create the world's largest airline by traffic.

The combined airline will be led by Delta.

The alliance will create “America's premier global airline”, Delta said, if the $US17.7 billion deal passed regulatory approval.

The deal comes at the same time as skyrocketing fuel costs, a suffering economy and increasing dissatisfaction among travellers, which have together put a chokehold on the airline industry.